Let's Make Day Newsworthy
Facing heat over alleged misuse of subsidies, a grouping of seven electric two-wheeler makers on Friday urged the government to look at the possibility of asking customers to pay back excess rebate availed by them on purchase of the vehicles. In a letter to Minister of Heavy Industries M N Pandey, the Society of Manufacturers […]
The Centre has sought Rs 469 crore from seven electric two-wheeler makers, including Hero Electric and Okinawa for claiming incentives while not complying with the Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme norms, a government official said. The official said that in case of non-refund of the amount to the government, they […]
New Delhi, Mar 15: Hero Electric on Wednesday said it is set to roll out over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The company, which launched new versions of its three electric scooter models priced between Rs 85,000 and Rs 1.3 lakh, plans to […]
Electric two-wheeler maker Hero Electric on Friday said it had zero dispatches to dealers in April, hit by the ongoing global semiconductor shortage that led to stoppage of production. The company experienced extreme chip shortage and supply chain constraints, Hero Electric said in a statement. The automotive industry is still struggling with international chip shortage […]
Electric two-wheeler maker Hero Electric has partnered with Shadowfax Technologies for supplying its e-scooters for last-mile deliveries. As part of the association, Hero Electric will convert around 25 per cent of Shadowfax’s 100,000-strong delivery fleet into electric vehicles (EVs) with its NYX HX e-scooters across delivery centres, a release said on Wednesday. Shadowfax, a crowdsourced […]
Hero Electric on Monday said it will observe April as battery care month with the onset of peak summers amid a few incidents of electric scooters catching fire from some of its rival brands. The initiative is being done to facilitate face to face interaction with over 4.5 lakh consumers to reinforce the key aspects […]
Hero Electric on Monday said it has joined hands with L&T Finance to offer consumers easy financing solutions for its entire product portfolio across its 750-plus dealership network. As part of the tie-up, customers can avail finance with no hypothecation, hassle-free-quick loan approvals in under three minutes, at attractive interest rates ranging from 7.99 per […]
Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market. The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and convenience to fulfil the need for short-distance commutes to next-door coffee shops, golf courses and gymnasium etc, the company said in a statement. Hero Eddy […]
Hero Electric on Monday said it has tied up with ReadyAssist, a 24X7 roadside assistance company, for training and upskilling 20,000 mechanics for servicing electric two- wheelers. The company has undertaken the initiative under its Private Garage Owners (PGO) programme. The partnership will aid in identifying mechanics willing to upgrade their skill set and coaching […]
In a significant development, Hero Electric and Mahindra Group on Wednesday announced a strategic pact in the electric vehicle space. As part of the partnership, Mahindra Group will manufacture Hero Electric’s most popular electric bikes — Optima & NYX — at their Pithampur plant, in Madhya Pradesh to meet the growing demands of the market, […]